NEW DELHI: The Centre has appointed the Asian Development Bank to promote the growth of the mutual funds industry. An ADB team has already held consultations with senior finance ministry officials in this regard.
by Digital Mill
NEW DELHI: The next week will witness disinvestment of five Indian Tourist Development Corporation (ITDC) properties in Kovalam, Manali, Calcutta, Aurangabad and Khajuraho.
New Delhi: the disinvestment process of national fertilisers is hotting up with the group of ministers on fertilisers approving the phased dismantling of the vintage subsidy structure for urea under the seventh and the eighth price mechanisms last week.
New Delhi: new delhi: the second round of disinvestment of itdc hotels also appears to have got a lukewarm response.
New Delhi: The unit trust of india is reviewing its investment decisions in various companies. in a presentation to jpc, uti has stated that it has earmarked a number of companies where its exposure would be reduced.
Some good news for global retail chains like tesco, toys ‘r’ us, marks & spencers, walmart. the government is getting its act together to allow foreign direct investment in retail sector.
The proposal of sun f&c asset management to finance its employees to buy stock options of the company has become a matter of dispute between the industry ministry and the finance ministry.
In order to avoid confusion on account of different excise rates in the liquor industry, national council of applied economic research has suggested a uniform taxation rate on alcoholic beverages across all states.